4, CRANSON CLOSE, BOWBURN, DURHAM, DH6 5BF - £233,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 CRANSON CLOSE is a midsized detached house of 109m², built in 2017, which could now be worth an estimated £265,303. It was last sold for £233,000 in May 2024, which was around 11% above the average May 2024 detached price in the County Durham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

4 CRANSON CLOSE Sold Prices

Land registry data shows two sales for 4 CRANSON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 4 CRANSON CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 23 MAY	£233,000	£209,986	11% above HPI
2017 11 DEC	£189,950	£173,704	9% above HPI

4 CRANSON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 4 CRANSON CLOSE sales from December 2017 and May 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2024 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 4 CRANSON CLOSE be worth now?

4 CRANSON CLOSE might now be worth an estimated £265,303.

This is based on house price inflation of 13.9%, between May 2024 and July 2026, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.9% inflationary increase is applied to the most recent sale price for 4 CRANSON CLOSE of £233,000 on 23rd May 2024. For the value to have increased from £233,000 to £265,303 over the one year and ten months to July 2026, the following assumptions must hold true:

• The value of 4 CRANSON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2024 sale price of £233,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CRANSON CLOSE has not materially changed since May 2024.

How Large is 4 CRANSON CLOSE?

4 CRANSON CLOSE is 109m² according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses houses in Bowburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bowburn, and where 4 CRANSON CLOSE lies on this distribution: 59% of detached houses houses are smaller than 4 CRANSON CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Bowburn.

4 CRANSON CLOSE: Plot and Title Map

4 CRANSON CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 4 CRANSON CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 CRANSON CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 CRANSON CLOSE?

4 CRANSON CLOSE is located in BOWBURN, in the DH6 postcode district. The below map shows the position of No. 4 on CRANSON CLOSE.